Replies to post #13948 on Silverton Adventures Inc (SVAD)

[Power of Emouna]

From December 26 filing:

Following the Reverse Stock Split, we will have the corporate authority to issue 2,479,999,994 shares of authorized but unissued common stock. After the stock split, there will be approximately 2,878,846 shares of common stock outstanding and 2,477,121,148 shares of common stock available for issuance. These shares may be issued without stockholder approval at any time, in the sole discretion of our board of directors. The authorized and unissued shares may be issued for cash, to acquire property or for any other purpose that is deemed in the best interests of our company. Any decision to issue additional shares will reduce the percentage of our stockholders’ equity held by our current stockholders and could dilute our net tangible book value. We have no immediate plans, proposals or arrangements, written or otherwise, to use these authorized and unissued shares of common stock following the Reverse Stock Split. .

From November 27 filing:

Quote: We have no immediate plans, proposals or arrangements, written or otherwise, to use these authorized and unissued shares of common stock following the Reverse Stock Split other in connection with the possible acquisition of additional oil and gas properties. Additional means to add to what they already own! Something cooking here!!! SVAD


Following the Reverse Stock Split, we will have the corporate authority to issue 2,479,999,994 shares of authorized but unissued common stock. After the stock split, there will be approximately 2,878,846 shares of common stock outstanding and 2,477,121,148 shares of common stock available for issuance. These shares may be issued without stockholder approval at any time, in the sole discretion of our board of directors. The authorized and unissued shares may be issued for cash, to acquire property or for any other purpose that is deemed in the best interests of our company. Any decision to issue additional shares will reduce the percentage of our stockholders’ equity held by our current stockholders and could dilute our net tangible book value. We have no immediate plans, proposals or arrangements, written or otherwise, to use these authorized and unissued shares of common stock following the Reverse Stock Split other in connection with the possible acquisition of additional oil and gas properties.


Did you notice they corrected and removed the words in the Dec 26 filing other in connection with the possible oil and gas properties as if there was a slip and they disclosed private and confidential info my mistake.